Freemium is a business model used by start-ups and digital services in which basic products or services are offered free of charge, while extended functions or premium services are subject to a charge.
Franchising is a method of business expansion in which an established company (franchisor) grants an independent entrepreneur (franchisee) the right to use its business concept, brand and expertise in return for a fee.
Founders, often referred to as company founders, are the driving forces behind the conception, development and establishment of start-ups and companies that bring new ideas, products or services to the market.
Fin-Tech, a contraction of "financial technology", refers to start-ups and companies that use modern technologies to make financial services more efficient, accessible and often more cost-effective.
A startup's financial plan is an essential document that includes a detailed forecast of the company's future revenues, expenses, cash flows and capital requirements.